Tuesday, May 27, 2014

Time to Put the QE Genie Back In Its Bottle

Price inflation seems to be right around the corner, if it isn't already here, which means that the Federal Reserve may soon have to put their QE genie back in its bottle. At least that's my hope, for the sake of our children's future.

[Thanks to DinoRentosStudios.com for the image.]

The only problem is: The economy isn't cooperating. Employment figures, never mind the full-time work force, are stubbornly refusing to increase. Jobs are not appearing as hoped. And GDP is not up to expectations.

Hence, the Fed will be faced with a quandary. And I can't wait to see what happens. Please click on this link for some further thoughts on the subject.

BEST GREETING CARDS on the web by Jacquie Lawson

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About Me

I maintain that a sense of humor comes right after air, water, food and shelter in the list of essentials for human thriving.
As to the inspiration for the title of this blog, there are two. First, read about economics' multiple personality disorder in my 7/2/05 post. Second, I like the story of 16-year-old Sybil Ludington who lived back in colonial America. Late at night on a rainy April 26, 1777, word came to the house of her father, a colonel in the militia, that the British were attacking and burning a local village. To stir the militiamen to battle, she jumped on her horse Star and rode for dozens of miles over unlit muddy forest tracks, not far from British troops, banging with a stick on every homestead door. This blog is my stick and my Star, carrying a bit of humor and lucidity into the dry, murky and pretentious cacophony of economics. (See my original posts for more.)